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Buying a house is one of the biggest financial decisions you can make in your life. It can be a daunting process, especially when it comes to getting a mortgage.
With proper planning and preparation, you can make the process smoother and less stressful. Here are some steps to follow when getting prepared for a mortgage in Sutton Coldfield.
Your credit score is one of the most important factors that mortgage lenders consider when you apply for a mortgage. It is a measure of your creditworthiness, which tells mortgage lenders whether or not you are a risky borrower.
Before you start looking for a mortgage, it is important to check your credit score. You can do this for free from a credit reference agency such as Experian, Equifax or TransUnion. If your credit score is low, take steps to improve it before applying for a mortgage.
Saving for a deposit is one of the biggest challenges for many people when buying a home. The larger your deposit, the better your chances of getting a good mortgage deal. Most mortgage lenders require a minimum deposit of 5%, but if you can save more, you will have access to better deals.
When you apply for a mortgage, you will need to provide a range of documents to prove your income, identity and address. These may include payslips, bank statements, tax returns, passports and utility bills.
It’s a good idea to get these documents in order before you apply for a mortgage, as it can take time to gather all the necessary paperwork.
Before you start looking for a mortgage, it is important to know how much you can afford to borrow. This will depend on your income, outgoings and other financial commitments.
You can use an online mortgage calculator to get an idea of how much you can borrow, but it’s important to speak to a mortgage advisor in Sutton Coldfield to get a more accurate figure.
Once you know how much you can afford to borrow, it’s a good idea to get a mortgage agreement in principle. This is a statement from a mortgage lender confirming that they would be willing to lend you a certain amount of money based on your income and credit score.
Having a mortgage agreement in principle can help you to stand out from other buyers when making an offer on a property.
Getting a mortgage can be a complex process, so it’s important to speak to a mortgage advisor in Sutton Coldfield. A mortgage advisor can help you to understand the different types of mortgages available, compare deals from different lenders and guide you through the application process.
We specialise in helping first time buyers in Sutton Coldfield and people taking out a remortgage in Sutton Coldfield. We can help you to find the right mortgage for your needs and guide you through the process from start to finish.
Getting prepared for a mortgage in Sutton Coldfield requires careful planning and preparation. You need to check your credit score, save for a deposit, get your documents in order, calculate your affordability and get a mortgage agreement in principle.
Speaking to a mortgage advisor in Sutton Coldfield can also help you to find the right mortgage for your needs.
As a homeowner, you may have heard the term ‘remortgaging’ before. Remortgaging in Worcester is essentially the process of switching your current mortgage deal to a new one, either with the same lender or a different one.
While it may seem like a hassle to go through the process of remortgaging in Worcester, there are many reasons why it could be the best decision for you. In this article, we’ll explore some of the benefits of remortgaging in Worcester and discuss some alternative options.
One of the most common reasons people choose to remortgage in Worcester is to take advantage of lower interest rates. Interest rates are constantly changing, and if you took out your current mortgage a few years ago, there could be better deals available now.
By remortgaging in Worcester to a lower interest rate, you could save a significant amount of money each month on your mortgage payments.
Remortgaging in Worcester can not only help you save money on your interest rate, but it can also help you reduce your monthly mortgage payments.
This can be particularly useful if you’re struggling to keep up with your current payments or if you’re looking to free up some extra cash each month.
By remortgaging in Worcester to a longer-term deal, you could spread your payments out over a longer period, reducing the amount you need to pay each month.
Another benefit of remortgaging in Worcester is that it can give you access to the equity in your home. Equity is the difference between the value of your home and the amount you owe on your mortgage.
If you’ve been paying off your mortgage for a while, you may have built up a significant amount of equity in your home. By remortgaging in Worcester, you could release some of this equity, which you can then use to fund home improvements, pay off debts or make other investments.
Remortgaging in Worcester can also be a great way to switch to a better deal with your current mortgage lender or a different mortgage lender. By doing so, you could benefit from lower interest rates, lower monthly payments, and better mortgage terms overall.
It’s always worth shopping around to see what deals are available, as you may be able to find a better deal than your current one.
While remortgaging in Worcester can be a great option for many homeowners, it’s not always the best choice for everyone. There are other options available that could suit your needs better.
Equity release in Worcester is a way for homeowners to release some of the equity in their home without having to sell it. There are two main types of equity release: lifetime mortgages and home reversion plans.
Lifetime mortgages allow you to borrow against the equity in your home and pay the loan back when you die or sell your home.
Home reversion plans involve selling a portion of your home to a provider in exchange for a lump sum or regular income. Equity release can be a good option if you’re looking to access the equity in your home without having to move or remortgage in Worcester.
In conclusion, remortgaging in Worcester can be an excellent choice for homeowners who are looking to save money on their mortgage payments, access equity, or switch to a better deal.
It’s always worth, however, considering other options, such as equity release or personal loans, to see if they’re a better fit for your needs.
If you’re considering remortgaging in Worcester, it’s important to shop around and compare deals to ensure you’re getting the best possible mortgage for your circumstances.
To understand the features and risks, ask for a personalised illustration. Equity Release may come in the form of a lifetime mortgage or home reversion plan.
A lifetime mortgage may impact the value of your estate and it could affect your entitlement to current and future means tested benefits. The loan plus accrued interest will repayable upon death or moving into long term care.
A home reversion plan involves selling all or part of your home to a plan provider in exchange for a tax-free lump sum.
Buying a home is a big investment, and it’s important to be prepared for the mortgage process in order to secure the best deal possible. If you’re looking to buy a property in Walsall, there are a few things you can do to get ready before you apply for a mortgage.
One of the first things you should do when preparing for a mortgage is to check your credit score. This will give you a good idea of how mortgage lenders will view your creditworthiness and whether you’re likely to be approved for a mortgage.
You can check your credit score for free online through a number of different credit reference agencies. If your score is low, you may need to take steps to improve it before you apply for a mortgage.
In order to get a mortgage, you’ll need to have a deposit saved up. The size of the deposit you’ll need will depend on the price of the property you’re looking to buy and the type of mortgage you’re applying for.
Generally, the bigger your deposit, the better your chances of getting a good deal on your mortgage. It’s recommended that you save up at least 5% of the property price, but the more you can save, the better.
Before you apply for a mortgage, it’s important to get your finances in order. This means paying off any outstanding debts, such as credit cards or loans, and ensuring that you’re up to date with all of your bills.
Mortgage lenders will look at your income and outgoings to determine whether you can afford to repay the mortgage, so it’s important to have a clear idea of your finances before you apply.
There are a number of different mortgage options available, so it’s important to do your research and find the one that’s right for you. Some mortgages offer fixed interest rates, while others have variable rates that can change over time.
There are also different repayment options, such as interest-only or repayment mortgages. It’s important to consider your own circumstances and financial situation when choosing a mortgage.
Before you start looking for properties, it can be helpful to get a mortgage agreement in principle. This is a statement from a mortgage lender that says they’re willing to lend you a certain amount of money, based on your income and credit score.
Having a mortgage agreement in principle can make you a more attractive buyer to sellers, as it shows that you’re serious about buying a property.
If you’re a first time buyer in Walsall or you’re looking to remortgage in Walsall, we can help.
Our team of mortgage advisors can guide you through the process and help you find the best deal on your mortgage. We’ll take the time to understand your circumstances and financial situation, and we’ll work with you to find a mortgage that’s tailored to your needs.
We can help you with all aspects of the mortgage process, from checking your credit score to finding the right mortgage product for you. We can also help you to complete your mortgage application and ensure that you’re fully prepared for the process.
Getting prepared for a mortgage in Walsall is an important part of the home buying process.
By checking your credit score, saving for a deposit, getting your finances in order, researching different mortgage options, and getting a mortgage agreement in principle, you can increase your chances of getting the best deal possible on your mortgage.
If you need help along the way, our team of mortgage advisors in Walsall are here to assist you every step of the way.
A mortgage broker in West Bromwich’s job is not just to help you find a mortgage for your property, they will provide you with their full help and guidance throughout the entire mortgage process.
We aim to remove every aspect of stress from the process so that you can enjoy an easy-going, relaxing mortgage journey.
During your free mortgage appointment, your mortgage advisor in West Bromwich will collect information from you regarding your personal and financial situation. This will help them get an idea of what sort of mortgage product you will be able to access.
We are able to search through 1000s of mortgage products via our huge panel of lenders, in order to find the best one for you. Our lenders hold both high street and specialist products.
Unlike banks and building societies, we are able to search the market for different mortgage options, whereas, they can only access their in-house products. As a responsive mortgage broker in West Bromwich, we can also say that you won’t be waiting around for an appointment! You are able to book one there and then in your own time. Simply follow our “Get Started” process and book online today!
Part of our service involves helping you prepare your mortgage application so that you stand the best possible chance in front of your mortgage lender.
Following your free mortgage appointment, your mortgage advisor in West Bromwich will hand you over to your dedicated case manager who will help you prepare the necessary documents to support your mortgage application. The documents that you need to provide will be your bank statements, payslips, proof of address, proof of ID and latest P60.
Our team will handle this side of the process by liaising with the lender on your behalf. All that you need to do is send us your documents!
Your mortgage advisor in West Bromwich can arrange an agreement in principle for you within 24 hours of your free mortgage appointment.
You will need an AIP to make offers on properties and they can also help you negotiate the seller’s asking price. If you need help with this part of the process, one of our mortgage advisors in West Bromwich will be more than happy to help.
An AIP typically lasts between 30-90 days. If your AIP expires, you can easily renew it by getting back in touch with your mortgage advisor in West Bromwich. We can arrange one for you within 24 hours of your mortgage appointment.
We have made it extremely easy to book your free mortgage appointment. You can follow our “Get Started” process and select a date and time that fits with your personal and working schedule. Alternatively, you can give our team a call and we can book you in.
Having a mortgage broker in West Bromwich by your side could be exactly what you need to get yourself over the finish line!
Here we explore the different mortgage options available to you as a mortgage applicant in Tamworth. Some of these options will be more beneficial to you than others, therefore, it is important to assess all of your options.
Our managing director Malcolm Davidson has dedicated a YouTube channel surrounding mortgage news and market updates; below you will find a useful explainer video for each type of mortgage.
Opting for a fixed rate mortgage ensures that your mortgage payments remain unchanged during the designated mortgage period. You have the flexibility to decide on the duration of the fixed payments, commonly ranging from two to five years or even longer.
The advantage of this approach is that inflation, interest rates, or economic fluctuations will not affect your mortgage payments. This feature can be particularly beneficial for individuals who are handling a significant financial obligation such as a mortgage.
As a result, fixed rate mortgages offer homeowners stability and predictability, enabling them to better manage their finances.
A tracker mortgage is a type of mortgage that tracks the Bank of England’s base rate and is not determined by either you or your mortgage lender. Therefore, any changes to the base rate will impact your monthly repayments and interest rates.
Typically, a tracker mortgage is set at a specific percentage above the Bank of England base rate. For example, if the base rate is 1% and your tracker rate is 1% above the base rate, your interest rate will be 2%. As the base rate fluctuates, so too will your interest rate.
Despite the possibility of your interest rates rising or falling, it can be an attractive option for those looking to take advantage of any potential rate drops. It’s important to note that if the base rate increases, your mortgage payments will also rise, which may have an adverse impact on your finances.
A repayment mortgage is a mortgage in which you make monthly payments that cover both the capital and interest. By doing so, you can be certain that you will have fully paid off the mortgage amount by the end of the term, provided that you make all the payments on time.
This type of mortgage is the most effective way to repay the borrowed capital from the mortgage lender. During the early years of the mortgage term, a larger portion of your payments will be allocated to paying off the capital, allowing you to reduce your balance more quickly.
Interest only mortgages were once a popular choice for homeowners, but they have become less prominent in the market in recent years, particularly in the residential market.
While buy to let mortgages may still be offered on an interest only basis, it can be challenging to find this type of mortgage for residential properties. Mortgage lenders have become increasingly cautious about offering interest only mortgages due to the potential risks involved. Nonetheless, an interest only mortgage may be a suitable option in specific circumstances in Tamworth.
For example, if you plan to downsize in the future or have other investments that you can use to repay the capital, an interest only mortgage may be a viable choice. However, it’s important to keep in mind that mortgage lenders have tightened their criteria considerably when it comes to offering interest only products.
Typically, loan to value ratios are much lower than they were before, and mortgage lenders are stricter in their affordability assessments to ensure that borrowers can repay the loan when it is due. Therefore, we strongly recommend speaking to a knowledgeable mortgage broker in Tamworth to assess whether an interest only mortgage is appropriate for your individual circumstances.
An offset mortgage is a type of mortgage in which the mortgage lender establishes a savings account for you that is linked to your mortgage account.
Suppose you have an outstanding mortgage balance of £80,000, and you have deposited £20,000 into your savings account. In that case, you will only pay interest on the remaining balance of £60,000.
One advantage of taking out this type of mortgage in Tamworth is that it can be an efficient way to manage your finances, especially if you are subject to a higher tax rate.
Starting your journey towards obtaining a mortgage can be daunting, especially with the wide variety of different options available to you. Whether you are a first time buyer in Shrewsbury, looking to move or remortgage in Shrewsbury, the options can be overwhelming.
To simplify the decision-making process, we have compiled a list of resources for you, including videos, to guide you through the most popular mortgage options available in the market. Best of all, these resources are available to you for free.
If you have any additional questions regarding the mortgage options mentioned above, please feel free to contact a knowledgeable mortgage broker in Shrewsbury today. They will be pleased to help you and ensure that you make a well-informed decision.
When you choose a fixed rate mortgage, your mortgage repayments will remain the same for a set period of time that you choose. Typically, you can select a term of two to five years, or even longer.
One of the major benefits of a fixed rate mortgage is that your mortgage payments will not be impacted by changes in inflation, interest rates, or economic conditions.
This provides homeowners with a sense of security, knowing that their mortgage payments, which are often a significant financial commitment, will not unexpectedly increase.
With a fixed rate mortgage, homeowners can enjoy financial stability and predictability, which makes it easier to manage their budget and plan for the future.
A tracker mortgage is linked to the Bank of England’s base rate, and its interest rate is not determined by you or your mortgage lender.
Instead, it is typically set at a certain percentage above the base rate. For example, if the base rate is 1% and your tracker rate is 1% above the base rate, your interest rate will be 2%. As the base rate fluctuates, so will your interest rate.
While a tracker mortgage can offer the potential benefit of taking advantage of any potential rate drops, it’s important to note that your mortgage payments will also increase if the base rate goes up.
As such, this type of mortgage may not be suitable for those who are on a tight budget or have limited flexibility. If you’re unsure whether a tracker mortgage is right for you, it’s best to seek mortgage advice from an expert mortgage broker in Shrewsbury.
Repayment mortgages require monthly payments that cover both interest and capital, ensuring that by the end of the term, the entire mortgage amount is paid off, provided that payments are made on time.
This type of mortgage is considered the most secure way to repay the borrowed capital to the mortgage lender.
In the initial years of the mortgage term, a larger portion of the payments goes towards interest, resulting in a slow decrease in the outstanding balance, particularly for mortgages spanning 25, 30, or 35 years.
As the mortgage term progresses, more of the payments are allocated to reducing the capital balance. In the final decade of the term, the payments are primarily directed towards paying off the capital, enabling the borrower to reduce their outstanding balance more quickly.
Interest only mortgages were once a popular option for homeowners, but they have become less utilised in recent years, particularly in the residential market.
While some buy to let mortgages may still be available on an interest only basis, finding this type of mortgage for residential properties can be challenging.
Mortgage lenders have become increasingly cautious when offering interest only mortgages due to the potential risks involved. That said, there are still some situations where it may be a viable option.
For instance, if you plan to downsize in the future or have other investments that you can use to repay the capital, then an interest only mortgage may work for you.
It’s worth noting that mortgage lenders have significantly tightened their criteria for offering interest-only products.
Loan-to-value ratios are typically much lower than they used to be, and mortgage lenders are much stricter in their affordability assessments to ensure that borrowers can repay the loan at the end of the term.
Therefore, it’s important that you speak with a specialist mortgage broker in Shrewsbury to determine whether an interest only mortgage is a suitable option for your circumstances.
An offset mortgage is a type of mortgage that involves the mortgage lender creating a savings account that is linked to your mortgage account.
With an offset mortgage, the balance in your savings account is used to offset the outstanding mortgage balance. For example, if you have a mortgage balance of £80,000 and £20,000 in your linked savings account, you will only pay interest on the difference between the two, which is £60,000 in this case.
This type of mortgage can be an effective way to manage your finances, especially if you pay a higher rate of tax. It allows you to use your savings to reduce the amount of interest you pay on your mortgage, which can result in significant savings over the life of the mortgage.
At the start of your mortgage journey, you may feel a little overwhelmed with the large variety of options available. There are mortgages for first time buyers in Worcester, people looking to move home and looking to remortgage options as well as many more.
Below we have compiled a list of the different types of mortgages accompanied by helpful videos to give you further understanding.
If you are looking for more information regarding any of the mortgage types mentioned below, don’t hesitate to get in touch with an expert mortgage broker in Worcester. Our team will be happy to provide you with further information to help you make the best decision.
If you decide to go for a fixed rate mortgage, your mortgage payments will stay the same throughout the set mortgage period. It’s your choice on how long you want to fix in your payments for, with many choosing between two to five years or sometimes even longer.
The reason why this can be a popular option is that your mortgage payments will not be impacted by inflation, interest rates or the economy which can be helpful for those who are managing a big financial commitment like a mortgage.
This, in turn, can provide stability and predictability for homeowners so it’s easier to manage their finances.
A tracker mortgage is a type of mortgage where the pay is linked to the Bank of England’s base rate and it’s not determined by you or the mortgage lender. Therefore, if the base rate changes, so will your interest rate.
Usually, a tracker mortgage will be set at a certain percentage above the Bank of England base rate. For example, if the base rate is 1% and your tracker rate is 1% above the base rate, your interest rate will be 2%. As the base rate changes, your interest rate will also fluctuate accordingly.
Even though the interest rate on a tracker mortgage can go up or down, it can be the best option for those who want to utilise this for any potential rate drops. With this in mind, if the base rate increases, your mortgage payments will follow which could negatively impact your finances.
A repayment mortgage is when you are making monthly payments that include both capital and interest. By doing this, our team are assured that you will have paid off the full mortgage amount at the end of the term, as long as you keep up with the payments.
This type of mortgage is the best way to repay the capital borrowed from the mortgage lender. Within the initial years of the mortgage term, your payments mainly go to paying off the capital meaning you can reduce your balance faster.
There was a point in time when interest only mortgages were a popular option for homeowners and have become less common in recent years, especially in the residential market.
Buy to let mortgages may still be offered on an interest only basis, however, it can be difficult to find this type of mortgage for residential properties.
Mortgage lenders have become more an more cautious when offering interest only mortgages because of the potential risks involved. It may be an appropriate option in certain circumstances.
For instance, if you are thinking of downsizing in the future or have other investments that you can use to repay the capital, then an interest only mortgage may work for you. It’s good to keep in mind that mortgage lenders have tightened their criteria significantly when it comes to offering interest only products.
Typically, loan to value ratios are a lot lower than they use to be, and mortgage lenders are more rigid in their affordability assessments to make sure that the borrowers can repay the loan at the end of the term.
With this in mind, we do strongly recommend speaking to an expert mortgage broker in Birmingham to discuss whether an interest only mortgage is appropriate for your circumstances.
An offset mortgage is when a mortgage lender creates a savings account for you, which is linked to your mortgage account.
In the case where you have a mortgage balance of £80,000, and £20,000 is deposited in your saving account, you will only pay interest on the difference between the two, which £60,000.
An advantage of this mortgage can be an effective way to manage your finances, especially if you pay a higher rate of tax.
As a mortgage broker in Telford, many of our customers often ask us “what does a mortgage broker actually do?”. The answer we reply with is what doesn’t a mortgage broker do throughout the mortgage process?
Whether you are a first time buyer in Telford, looking at moving home, a landlord looking at investing in buy to let or are planning to remortgage, a mortgage broker in Telford like us can help!
We aim to make your mortgage process 10x simpler and stress-free so you can relax and enjoy the process.
As a mortgage broker in Telford, we will provide a helping hand through the entire mortgage process. We don’t just find you a mortgage for your property, we will help you prepare your mortgage application, arrange an AIP within 24 hours, carry out the paperwork and can even help you negotiate with the seller and make an offer on a property if you need help with this.
At the end of the day, a mortgage broker in Telford is here to help you and support you through a stressful experience; that’s what we do and we love our job!
As a mortgage broker in Telford, we are able to search 1000s of mortgage products through our large panel of lenders. Once you have found your dream home, picked out your buy to let property or are ready to remortgage, we can get the mortgage process rolling.
During your free mortgage appointment, we will look at your individual circumstances to get a picture of your mortgage scenario. This will help your mortgage advisor in Telford select the perfect mortgage product for you. We will never recommend a deal to you that is not suitable for your personal and financial situation.
Unlike banks or building societies, we have access to many different lenders, with both high street and specialist mortgage products. The banks can only access their own in-house products and will not be able to search elsewhere on your behalf.
If you want to continue with our service and the product your mortgage advisor in Telford recommended to you, we can begin preparing your mortgage application.
Your mortgage advisor in Telford will hand you over to a dedicated case manager at this point in the process. Here you will begin preparing evidence to support your mortgage application. Your case manager will require you to provide photographic identification, proof of address, bank statements, payslips, proof of deposit and your latest P60.
Your lender needs to know that you are able to afford a mortgage on the property that you are looking at buying. This also applies to those remortgaging, you will still need to pass the lender’s credit checks and affordability assessments.
We will make sure that your application looks as good as it can and that everything is correctly evidenced. Hopefully, we hear good news back from the lender within the next few months.
Our mortgage advisors in Telford are able to arrange an agreement in principle (AIP) for you within 24 hours of your free mortgage appointment. An AIP is a document issued to you by the lender to indicate that you are able to borrow a set amount from them for your mortgage. This is providing that you are able to prove your income with supporting documents when submitting your mortgage application.
Your AIP will be needed to make an offer on a property, and it can be used to negotiate asking prices with the seller in some cases.
We will always deliver open, honest and transparent mortgage advice in Telford. We want to make sure that you are receiving impartial advice that benefits you and your personal and financial situation. We’ll never put you forward for a mortgage product that does not match you.
If you have a complicated situation and you need specialist help, no worries, we have helped many applicants through tricky situations in the past and we would love to help you next. We have over 20 years of experience in the sector and we have likely already come across your situation before.
We have made it nice and easy to book your free mortgage appointment with us. You can either book online via our “get started” process or give us a call. As a responsive mortgage broker in Telford, we want to make it as easy as possible to speak with a mortgage advisor in Telford.
Working 7 days a week means that you can book an appointment at a time most convenient to you. We work around you and your busy personal and working schedule. If you want an appointment early in the morning, during the evening or late at night, no problem! Pick a time that suits you.
Whether you are looking to start your journey towards getting your mortgage in Shrewsbury for your first home, investing in property or remortgaging your current property, having a mortgage broker in Shrewsbury by your side in the process can play a significant role in achieving your mortgage goals!
Here at Birminghammoneyman, our aim is to make the process simple & straightforward. We are here to provide you with the support and expert knowledge you need.
Utilising both our 20 plus years of experience in the mortgage industry and rich knowledge, we have helped many customers obtain a mortgage in Shrewsbury. We pride ourselves in providing an open and honest service for those looking to get mortgage advice in Shrewsbury.
When you have found your dream home, chosen a buy to let property or coming the end of your initial fixed period, it’s then time to find you the perfect mortgage product.
As a trusted mortgage broker in Shrewsbury, we aim to find you the mortgage product that is appropriate for your personal and financial situation. To begin, you will need to book yourself in for a free mortgage appointment which can be done through getting in touch with our team and book online. Within this appointment, you will be allocated a mortgage advisor in Shrewsbury who will ask you a series of questions to get an idea of your financial state and will learn more about what you are looking to do.
Collating this information, your advisor can go and find a mortgage product that is appropriate for your situation. A benefit of approaching a mortgage broker in Shrewsbury, like ourselves, is that we have access to a large panel of lenders who offer a range of a variety of products. It’s their job to search through 1000s of mortgage deals to find the product tailored for you and your property.
When you are happy with the recommendation your mortgage advisor in Shrewsbury has found you, you will then be directed to your dedicated case manager. They will help you prepare your mortgage application and keep you updated throughout your mortgage journey. They will also be able to answer any questions and keep technical jargon to a minimum.
To further evidence your affordability, you will be required to prepare some documents. These will include a photo ID, proof of address, bank statements, payslips, proof of deposit and your latest P60. Our team will make sure that these are evidenced correctly and will prove to the lender that you are to afford a mortgage.
The reason for this is so your lender can be confident in lending to you. Look at it from this perspective, you wouldn’t lend to someone who will not be able to pay you back. Therefore, it’s key that you have all the correct evidence in place.
Responsiveness is a key part towards mortgage success. This is why we are able to turn around an agreement in principle within 24 hours of your free mortgage appointment.
Having an AIP with you shows that your lender is willing to you given that you can provide evidential documents to support your income and affordability.
An AIP is something you need when making an offer on a property which, in turn, can help you negotiate the asking price with the seller in some cases.
Our service goes beyond finding you the best mortgage. Our team will not only provide you with the tailored mortgage advice in Shrewsbury you need, but we will also make sure your mortgage is protected in unforeseen circumstances through exploring insurance options.
Check out our genuine customer reviews to see how we have helped many people get the perfect mortgage in Shrewsbury.
Speaking to a mortgage advisor in Shrewsbury has never been easier. We provide all our customers with a free mortgage appointment which you can book online give us a call to schedule a date and time.
As part of our flexible service, we have appointments available 7 days a week from early in the morning until late at night. As mentioned, you can book yourself in at a time date and time that fits around your schedule. Get in touch to speak to a mortgage broker in Shrewsbury today!
So you’re thinking of making that move up the property ladder, investing in property or remortgaging your current property; have you ever considered using a mortgage broker in Tamworth to help you through the process?
A mortgage broker’s job is to make your life 10x easier during the mortgage process. They will arrange every aspect of the mortgage side of the process so that you can relax and enjoy the process stress-free.
As a mortgage broker in Tamworth, we don’t just find you a new mortgage, we provide our full support and guidance throughout the whole process. We remain open and honest with you at all times, making sure that you are receiving transparent and fair mortgage advice in Tamworth.
Once you have found your dream home, picked out a buy to let property or are coming towards the end of your current fixed term, you need to find a mortgage product to match your needs and circumstances.
As a mortgage broker in Tamworth, we will try and find the perfect mortgage deal that matches your personal and financial situation. We will start by booking a free mortgage appointment, during which, a mortgage advisor in Tamworth will ask you questions about your mortgage scenario and learn more about what you are looking to achieve. This gives them the opportunity to go and search for a product specifically for you and your situation.
We have access to 1000s of mortgage deals via our panel of lenders. We are able to look at deals from both high street and specialist mortgage lenders. Once we get a look at your finances and personal situation, our advisors can pick out a product tailored for you and your property.
You are not obligated to continue with us, however, if you choose not to, you will have to lose out on the product we have found you too.
Once we have found the perfect mortgage product for you, your mortgage advisor in Tamworth will hand you over to a dedicated case manager. A case manager’s job is to help you prepare your mortgage application and keep you in the loop at all times during the mortgage process.
You will need to prepare a number of documents to support your affordability for a mortgage. These items include photo ID, proof of address, bank statements, payslips, proof of deposit and your latest P60. We will work with you to ensure that all of these are evidenced correctly and show the lender that you are able to afford a mortgage.
It is all a game of risk for your lender. Would you lend to someone who is not able to pay you back? This is why it is crucial to get this evidential stage correct.
As part of our mortgage service, we aim to be as responsive as possible. We are able to turn around an agreement in principle within 24 hours of your free mortgage appointment.
An AIP is a document issued to you by your lender saying that they are willing to lend to you given that you can provide evidential documents to support your income and affordability.
You will need an AIP to make an offer on a property. They can also help you negotiate asking price with the seller in some cases.
Delivering open and honest mortgage advice in Tamworth is something that we are very proud of. It goes without saying that our customer value our help; you can see how much they’ve valued our service in our reviews!
Unlike banks, we are able to search for different lenders and don’t just have access to in-house products. We are able through over 30 lenders to find the perfect mortgage in Tamworth for you.
It has never been easier to book a mortgage appointment with a mortgage advisor in Tamworth… and it’s free! You can either book online or give us a call and we can arrange a date and time with you.
With our modern appointment booking process, you can select your own date and time. We have our calendars open 7 days a week so that you can book a date and time that fits around your busy schedule. Book online and speak with a mortgage broker in Tamworth today!
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Birminghammoneyman.com & Birminghammoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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Birminghammoneyman.com & Birminghammoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
Speak to an Advisor – It’s free!
7 Days a Week, 8am – 10pm